Roosevelt, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Roosevelt Neighborhoods Since 2000




Roosevelt, NY Real Estate Data


Roosevelt Housing Market Information

With a population of 16,484, 4,219 total housing units (homes and apartments), and a median house value of $320,497, real estate costs in Roosevelt are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

Single-family detached homes are the single most common housing type in Roosevelt, accounting for 76.08% of the town's housing units. Other types of housing that are prevalent in Roosevelt include duplexes, homes converted to apartments or other small apartment buildings ( 21.00%), large apartment complexes or high rise apartments ( 2.26%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Roosevelt. Owner-occupied housing accounts for 65.97% of Roosevelt's homes, and 68.10% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Roosevelt's housing was primarily built during this period, from the '40s through the '60s. A full 54.93% of the town's housing hails from this era. Other housing ages represented in Roosevelt include homes built before 1939 ( 25.06%) and housing constructed between 1970-1999 ( 15.55%). There's also some housing in Roosevelt built between 2000 and later ( 4.47%).

Roosevelt Home Appreciation Rates

Homes have actually lost value in Roosevelt over the last then years, as home values have seen a decline of 20.75% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Roosevelt home appreciation rates at 1.43%, which equates to an annual appreciation rate of 5.85%.

NeighborhoodScout's data show that during the latest twelve months, Roosevelt's appreciation rate, at 4.67%, has been at or slightly above the national average. In the latest quarter, Roosevelt's appreciation rate has been 1.43%, which annualizes to a rate of 5.85%.

Relative to New York, our data show that Roosevelt's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$320,497

Roosevelt, NY HOME PRICES

Value Range
> $1,096,000 0.0
$821,001 - $1,096,000 0.4
$548,001 - $821,000 0.9
$438,001 - $548,000 7.6
$329,001 - $438,000 35.6
$219,001 - $329,000 42.4
$109,001 - $219,000 10.8
$55,001 - $109,000 0.0
$0 - $55,000 2.4

High for NY
Very High for Nation

Value Relative to Nation Value Relative to State
14.926509340048 31.2008978675645

Number Of Homes And Apartments:
4,219

Rent & Ownership

 

Average Market Rent:
$2,012 / per month

Homeownership Rate

Homeownership
Owners 65.97
Renters 34.03
Vacant 5.76

Housing Market Details

 

Age of Homes

AGE OF Roosevelt HOMES
2000 or Newer 4.5
1970 - 1999 15.5
1940 - 1969 54.9
1939 or Older 25.1

Types of Homes

TYPE OF Roosevelt HOMES
Single-Family 76.1
Townhomes 0.7
Small Apt. Buildings 21.0
Apt. Complexes 2.3
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Roosevelt HOMES
No Bedroom 0.83
1 Bedroom 4.33
2 Bedrooms 16.77
3 Bedrooms 47.38
4 Bedrooms 20.73
5 or more bedrooms 9.96

Roosevelt Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
73.33% 3.29% 8 9
* 10 is highest